Arka is currently an Adjunct Professor in the Financial Risk Engineering (FRE) department at NYU Tandon. Arka received the Brattle PhD Group Prize for Outstanding Research at the WFA 2022 conference. Arka recently finished a PhD in Finance, specializing in machine learning applications in Fixed Income and Structured Products from Baruch College, CUNY, while Arka was leading the data science org in a private equity fund. Arka's research interests are strategic default, bargaining power of servicer, soft information about borrower, adverse selection in GNMA market, etc. Arka's secondary strain of research is related to female and asian CEO and diversity, idiosyncratic volatility and pledgeability of corporate real estate, systemic risk and ESG, divestitures and ESG.
Arka has taught Real Estate Finance, Investments, Financial Strategy, Decision Modelling, Financial Derivatives and Algorithms courses to graduate and undergraduate students. Arka has created two courses on Machine Learning in Real Estate and Real Estate Risk. Prior to academic finance, Arka is an ABD in Applied Mathematics and an MS in Mathematical Finance from the Courant Institute of Mathematical Sciences, NYU. Arka has 12 years of industry experience (in Deloitte, Santander Bank, UBS, Nuveen, Rocktop Partners) in Derivative Pricing & Risk Management and Asset Management. Arka worked on Quantum Information during his MS in Computer Science. Arka received a B.Math in Pure Mathematics from Indian Statistical Institute. Besides research, Arka sings Indian classical songs, Ghazals and has travelled to 50 countries.